MTM Critical Metals (ASX:MTM) Debt-to-EBITDA : -0.24 (As of Dec. 2023)

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What is MTM Critical Metals Debt-to-EBITDA?

Debt-to-EBITDA measures a company's ability to pay off its debt.

MTM Critical Metals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.75 Mil. MTM Critical Metals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.00 Mil. MTM Critical Metals's annualized EBITDA for the quarter that ended in Dec. 2023 was A$-3.18 Mil. MTM Critical Metals's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -0.24.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for MTM Critical Metals's Debt-to-EBITDA or its related term are showing as below:

ASX:MTM' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.43 Med: -0.02 Max: -0.01
Current: -0.31

During the past 3 years, the highest Debt-to-EBITDA Ratio of MTM Critical Metals was -0.01. The lowest was -0.43. And the median was -0.02.

ASX:MTM's Debt-to-EBITDA is ranked worse than
100% of 538 companies
in the Metals & Mining industry
Industry Median: 1.98 vs ASX:MTM: -0.31

MTM Critical Metals Debt-to-EBITDA Historical Data

The historical data trend for MTM Critical Metals's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

MTM Critical Metals Debt-to-EBITDA Chart

MTM Critical Metals Annual Data

Trend

Jun21

Jun22

Jun23

Debt-to-EBITDA

-0.43

-0.02

-0.01

MTM Critical Metals Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-EBITDA	-	-0.02	-0.01	-0.01	-0.24

Competitive Comparison of MTM Critical Metals's Debt-to-EBITDA

For the Other Precious Metals & Mining subindustry, MTM Critical Metals's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

MTM Critical Metals's Debt-to-EBITDA Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, MTM Critical Metals's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where MTM Critical Metals's Debt-to-EBITDA falls into.

MTM Critical Metals Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

MTM Critical Metals's Debt-to-EBITDA for the fiscal year that ended in Jun. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0.011	+	0.003)	/	-1.727
	=	-0.01

MTM Critical Metals's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0.75	+	0)	/	-3.182
	=	-0.24

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is two times the quarterly (Dec. 2023) EBITDA data.

MTM Critical Metals (ASX:MTM) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.

Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

MTM Critical Metals Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of MTM Critical Metals's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.

MTM Critical Metals (ASX:MTM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » MTM Critical Metals Ltd (ASX:MTM) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

38 Colin Street, Suite 2, West Perth, WA, AUS, 6005

Website

https://www.mtmcriticalmetals.com.au

MTM Critical Metals Ltd is an exploration company that is focused on searching for rare earth elements, gold, lithium, nickel, and base metals in the Goldfields and Ravensthorpe districts of Western Australia and the Abitibi region of the Province of Québec, Canada. It has four projects which are Pomme, East Laverton, MT Monger, and Ravensthorpe.

MTM Critical Metals (ASX:MTM) Headlines

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